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HUNGARY

‘Hawkish’ NBH Halts TRYHUF Momentum

US TSY OPTIONS

Put spread buyer

EQUITIES

China Bounce Fades, Hang Seng Closes Lower

EURO-DOLLAR
EURO-DOLLAR: Very minor and short-lived pressure goes through in EUR/USD on the
release of the ECB minutes, $1.1706 printed but rate quickly recovers to trade
at pre-minutes levels. Highlights of the minutes include the board stating "a
more pronounced weakening of demand cannot be ruled out" and that "a view was
expressed that the ECB was close to a sustained adjustment of inflation, but
most disagreed", according to Bloomberg.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com